WELLINGTON WOOL SALE

Dominion, Volume 8, Issue 2395, 26 February 1915, Page 8

WELLINGTON WOOL SALE

ADVANCE IN PRICES AVERAGE INCREASE OF PENNY HA'PENNY PER LB.

War contracts are evidently showing no signs of diminishing, and the wool hunger is not- nearly appeased, if one may judge from the prices realised, at the sel» held . yesterday iu tho Concert, Chamber. There was a, catalogue of 6300 bales offer ed. and from the outset it wmi ma4e quite clear that the bidding would be eayer, and prioes high, but it wee scarcely, anticipated that they would go quite so jugh ae they did. When it is 6tated that the wool offered yesterday realised an average pi lid. per lb. more than at the last will be seen that those who had. clftis for disposal were .very fortunate. It must be remembered that the wool offered yestor day was not of the best ' m J. cins ,„ftt cleaning up of the season. Thus makes the record prices realised yesterday even better than they appear on paper. , as high as 16Jd. per lb. was realised for cross; bred-fleece wool (storm-washed), and lambs wool must have averaged 15d. per iu. no lines—it was practically _, all the coarse crossbred wool that ia beet adapted for tho manufacture of khaki cloth—that wer« at all presentable realise lees than is. per lb., and right to the end a full board of ! buyers bid most eagerly. Most or the. wool buyers represented Bradford nouses. 'Phil only foreigner on the board was Mr. Prcvost, who bought fairly extensively for h, French ho&c, whose mill is at preseut withili the war zone. His are said to havo paid the sum of two million francs indemnity to tho Germans to their mills from , destruction. . By tho time the wool he purchased yesterday reaches the Continent M. Prevost hopes that the Gorman invaders will havo been driven out of France. Following are the brokers reports: - Dalgety and Co., Ltd., report, as -A season long to be remembored by all collected with the wool business was ' brought to a close yesterday, when tho Wellinnton brokers. brought forward a catalogue of just on 6400 bales, our complement of same amounting to 2101 bales. After the boouiins sale held in Wellington in January, prices recorded at later sales in the south showed a further hardening tendency, and it was anticipated , that values at yesterday's sale would, probably be tho highest recorded during the series. The results realised were above expectations, and . considering tlrnt tbe 'iuahty and condition of the wool was much in ferior to that catalogued previously, values obtained Zst easily constitu e ;a, .record for Wellington, and perhaps for the Loinirdon. At such a late period of .the ron it was only, to be eipectedthattho bulk of tho offerusgs would be made of back-country clips, log-stajned, heavy in condition. \Ve offered some attracUve lots of lambs wool, and for these keen competition .took place, pricesi showing an advance on last sale of Zd. per lb., and the rite for fleece averaged lid., to Jd. all round Whatever may be the future the market, the majority of ( P»«| cocuise that spot prices are too good to S and practically a total prance of our catalogue'was made by auction,. Following are some of the best wwes reaUscd for. oua' offerings :-C. A. J._Lc>eU, Kiwitea, Romney lambs, 16d. (topped, max kct)« G Oockburn, Marton, Botoney, 153 d.» lambe ' 135 d.; F. Maul, Ashhurst, hoggets, kitahuna, lambs .15d.; S. A. Jiexcouri, South Westtod, wossbred C^A Vmblr Co., Greymouth, croaELand and iimuw Wanganui, lambs bred, 143 d.; h. V. Sherw, Wesllaodj 14Jd.; Mm. fj, . Tj-'Qregor, South West'crossbred 143 d.; J. do land, hoggete W Anderson, Palmcrston. fLmbs l4Jd.; S. NilsZ d J. W. Masters, Hanson, lambe. 14Jd. _ f n OO ? 0 ' » fourth ale of"the reason, follows. At tne bales were offered; T'lJrf sLsm deluding Miarch. There representative attendance of was a lull x p t l ucg wcre oompoeed ! , „f late ImsoS wools, cllpe someJ^ d ra«|g f & halfpenny^to JWJ&S difficult to seU ffl{ , fcorieo bein g F%d^Bo ß^ifc^° n froi FdldihS lu'sjd in"lsid.; and a. West Coast South so| tother reeults st &5£ tmnglc, 1 - d tta<y quartcff-bred: UPTON FELLWAWATERE, 13d.. 12id.. and rmiuw. nr rxTniAiN. 12Jd. Lambs: • VVK§ ™£ m•; LOTj.M./P., 13id.; AIKEN, 133 d. The New Zealand Loan and Mercantile A hedu y io^l^foJ e S t SMflon. took place C Ud 6 b a oo n M b thc2- f Sees "by Corfnthic sailing. early on Friday, io rf-onfiisted of 869 includinff several Xfol very good woV I but qn: l t t h C o a w S' bcr of bock-country, lots. On the whole; fho nfforini?6 were in. light condition, out 3 E ood dil of bidi bidl was aoticeabta. In our offering were included about m 0 halea of lambs' wool, a. tege proportion of which carried seed. Growers have eveiy reason to feel satisfied with the •excellent prices obtoincd for their wool during tho present selling season, as never during tho prcecnt generation have, prices ruled so high. Rccord priccs were obtained at yesterday's sale, the riso baing estimated at ltd. to- 2d. all round.. The top ®nce for creasy wool, wop obtained, by Vf for fom noy fleece on account of T. H. Wi D dlcy, To Boro, wbicb renlised tbo.W lc " <il 4. p ?, c i h < l 16! d. We also obtained 14} d. for his lambs. A few of our en.les. wer6:r-Crossbrcd medium. on. account of Mv,-ard tJd.; /»Tn*fihred medium, oa aewunt Jcremiflh Stage, Te Nnl. boucets Md.. Hinffv liUdit cottid and brplott lujo.jPjWC

IOM., lambs, first oud pwond. 123 d.; ln.mbs. on. nccount. T. Gilford, Jlongoteo., 141 d„ medium crossbred, on account Woodman Kroe., Froncti Pass, 13d„ and for iambs, 131 d.; lUimiipy <'ronabr«l (loccc, oil account 1 ( i(?■lintricli Bros.. 13d.; eroeishrcd. on account, Wm. WillUs, Stratford, 13.id.;;llorauey c.rot-6-brc'l, on flCOTiint, M. J. Goodson, Ilowcrn., IJd., and Linmln. 12jd.; medium c.roasbrod, on. ncoounl. If. F. Sltoy, ClarovUle, 131 d.; liglitrconditioncd c.rosslired, oil account. H. TiougliKi, Wostport, 151 d.; cronabred ewes, on account. J. 11. Waugli. Feilding, 141 d.; <-roHsbr«l. on nccount, Thos. Waugli, Fcildluk. 13d.; orousbred, on account. Gowcr Bros.. Ifii.wora, 12d.: medium orocsbrod, on account A. H. llartlctt. Fcilding, 35 bales, 13d.; lotuliM, on nccount W. K. Wcichtmnn. Foildinc, lljd. to 13Jd. Sundry lines of llgltl-comli'tioucd lleccc from West Coast. Soutli Island, 13i'd. lo 15Sd.; lambs, on account, A. [joclinood, Foilding, 15d.; medium erossbrod, dingy, on ncoonut It. M. Irvine, Nelson, lljil.; lambs, on account Wm. Hayward. l'n.lmorsUin North, 135 d.i lambs, on account, ,1. llißEic, Wa.ngnnui, 14Jd.

Murray, iiobcrta mid 00., Ltd., report as follow:—For the fourth eole of the season a total offcrlne of about 6500 bales was brought forward, our catalogue being one ol" 1406 bales. The attend:uico of buyers was large, including, besides the usual operators, some representatives of French liousiM, whose competition was especially Telt iii all fnir-oouditioned lota of lambs' wool. ■ Lidding for crossbred wools, whicTt comprised tbo main portion of the catalogues. was exccdlncly keen. Wool was evidently required, and tho limits held by some buyers wero apparently very elastic. Prices, compared with our sale of last month, showed an advance of fully I'd. to 2d. all round, and tho few iightconaitionod parcels of crossbred fleece wool made extreme prices, up .to 16(d. being paid. The wool was in fair condition generally, but many lots badly affected with seed, and a. fair proportion log-stained. We offered some parcels of scourcds, mostly crossbred pieces, which. made very good figures,' the top price being 18Jd. for a lot of pieces The ranee ot prices is as follows:—Merino medium, lOd. to 102 d.; hfl-lfbred medium, 13d, to 14Jd.; croßsbred super, 15a. to 153 d.; crossbred medium, lid. to 143 d.; crossbred coarse, 12d. to 14Jd.; crossbred, inferior, ted. to 12d.; crossbred piccos and bcJliea. Bid. to IOJd.; halfbred pieces end bollics, Bid. to lljd.; lambs' best, Md. to 16d.; lambs' medium, lid. to 133 d.; lambs inferior, Sd. to 10d.; scoured dead wool, 17d.; fivst picccs. 17d. to. 18jd.; bellies, 163iL to 17Jd.; locks and second picccs, 14jd. to 163 d. -

Abraham and Williams, Ltd., report «,s follows-.-Tho fourth sale of tho season was held to-day, when total catalogues comprising over 6000 bales were offered to the usual attendance of buyers. There was a very keen domand, < and all clashes of wool sold at Tecord-prices. We topped the market with a line ■of twenty-two bales of very light condition super Romr.ey, sold on benalf of Mr. R. Adamjon. Hokitika, at thd record price of. 16Jd., other brands from the same district sold as follows :-BF/F, 6 bales super, 153 d ; JM/L, in square, 3 bnles super, 15id. As compared with last sale, we make the rise one penny to twopence on all wools. . Our principal sales wero aa follow.--On account of Mr. F. L. BlundeH, Feildiug, 20 bales crossbred 14d., 5 balee l®™'' B ,j'' Mr. J. Kinkhead, Mangawcka, 20 bales Lincoln crossbred, 8id.,.14 bales lambs 12id., Mr. W. P. Shaw, Mangaweka, 43 bales crossbred, 133 d., 10 bales lambs 13d.; Mr. E. Ryder, Marton. 3 bales 14Jd.. Mr. r p a Frost, Valmcrstoa North, 4 boles rrrttwhred 141 d.: Ml'- J. Pa.lua.tuu., Klesirosibrbd, M: Mrs. M. H. .[tor. Kiwi tea, 9 bales la.mb, 14d. Other brands. Three Hearts, 6 bales super, 143 d.; EFW. 4 bate cro.'sbrk 14d.; ROF, 2 bales Jamns, 141 d. RV/P, 11 bales lambs. 13d.; OP/P, 0 bales lambs, 13Jd.; B rov ...B cow., 9 bales crossbred, 13id.: JK/A, 5 bales oross^bT-ed,. 13id. Yarions bremas: 20 baks lambs, 14d. Various: 20 bales lamb. 13d.

Messrs. W. and G. Turnbnll and Co., Ufl., report havmg hold thoir fourth, -wool Bale of tho 6€f1608 at.the Town Hall yostordoy. The iifluel muetcr of buyers jras prc and competition wafl'. exceedingly keen throughout the sale, in fact ° ol ® suitable for khaki, were sought .at famine prices. Prices, flfi compared with tne January sale, showed aji increase ol lid to 2d. per lb. on fleece and lamb 6, end wo can safely say there has never been & more satisfactory sale held an Wellington from the vendors' point of viow. Somo of our best prices wero as follow:-On account of MMls, Mowbray, end Stevens, Ngatepouri. lambe. Cawte, Plcton, crossbrea, 12id. to 131 d.; G. Fulton, Wanganui, crossbred, l&d. to 12id.; iambs, 13id.

The United 00-operativo ciation, Ltd., and the VFairarapa- Farmers Co-operative. Association, Ltd., report as follows The fourth eolo of the season was held in the Town Hall yesterday. There was a large attendance of buyers. and keen comietition, and an all-round nsein ; prices of from lid. to 2d. per_lb. Tho I prices realised are a Teoord for Wellington sales. The range of was aa follows:—Merino medium, lOd. to 10Jd.; half; bred jnedium, la. to is- 2id.: crossbred euwr, Is. 3id. to Is. 3?d.; medium and coarse, Is. to is. 3d.: infenor and^ seedy, 10d. to Is.; pieces ana bellies, 01d..t0 IOW*/ halfbred medium, pieccs and bellies, Sid. to lUd : stained pieces and locks, sd. to yu.j lambs' best, Is. 2d. to Is. 4d.; lUd, to le. 13d., inferior 6d. to 10|d. : The following are some of the prices realised;—ED over 0, lambs. Is.. 3sd.: MB over M, lambs Is. 2d.; SCI over Rilu, lambs, Is. 2d.; JFJ crossbred Is. Old.: PH over MOIKI, crossbred, Is. 13d.; IEAK.VU, lambs, te. 'Old.; JH over Hongitumau, Is. Id.